ERASTEEL to sell 10.29% stake in Heye Special Steel to AT&M

ERASTEEL, a subsidiary of ERAMET, signed a memorandum of understanding to sell its 10.29% stake in Heye Special Steel Co., Ltd to AT&M for 109.5 million yuan (approx. €15 million). The transaction is expected to close in the second half of 2017.

“ERASTEEL is expected to sell its 10.29% stake in Heye Special Steel Co., Ltd to AT&M, Heye's majority shareholder.”globenewswire.com

• 1 source
• globenewswire.comERAMET group : Change in the partnership between ERASTEELEramet SAMay 12, 2017

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